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Category: PROPERTY

Posted on 29/04/2021

The Rich Find Haven in Dubai, and Luxury Home-Sale Boom Ensues

(Bloomberg) –The wealthiest home buyers fleeing virus lockdowns for Dubai are still finding bargains aplenty, turning March into the busiest month ever for the emirate’s top-end residential …
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Posted on 29/04/2021

Dubai emerges as office location of choice for tech companies in Q1

Savills says Dubai’s response to Covid has elevated its status, making it a viable alternative to major European cities …
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Posted on 29/04/2021

Is Dubai’s real estate market on its recovery path? (Part 2)

We sit down with Property Finder’s Director for Research and Data, Lynnette Abad Sacchetto to take a closer look at the current state of the market …
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Posted on 28/04/2021

Abu Dhabi property prices rise 4.1% in Q1 while rents stabilise

Residential capital values in Abu Dhabi rose by more than 4 percent on average during the first quarter of 2021, according to real estate consultants ValuStrat. Residential rental values stabilised …
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Posted on 28/04/2021

How 35 Former, Serving Governors Acquired 800 Properties Worth Over N152billion In Dubai

Some of those implicated include a North-West governor, two former Deputy Presidents of the Senate and a former National Chairman of the Peoples Democratic Party.
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Posted on 28/04/2021

Azizi first in UAE to register Israeli property purchase

Azizi Developments, a leading private developer in the UAE, has become the first developer in the country to register an Israeli property purchase. The developer has received interest from thousands …
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Posted on 28/04/2021

Temperatures Soar for Dubai’s Super Prime Property Market

Since Dubai property transactions broke a seven-year record in November 2020, predictions started pouring in that the market was headed for …
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Posted on 27/04/2021

Buoyancy returns to Dubai realty

Transactions during March were at a 10-year high as strong market growth continued, Property Monitor monthly market report said …
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Posted on 27/04/2021

Dubai’s Q1 real estate sales transactions surge to $6.8bn

In total, Q1 real estate sales transaction figures were 6 per cent more than the previous quarter with the secondary properties showing a 16 per cent jump, while the off-plan properties sales figures …
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Posted on 27/04/2021

Property sales continue recovery in Dubai

Figures from Mo’asher, the official sales price index from Dubai Land Department in cooperation with Property Finder, recorded 4,643 transactions worth Dh10.9 billion last month.
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Posted on 27/04/2021

Exclusive: What legal implications can renters and landlords expect from Dubai’s rent freeze?

To understand how the Dubai rent freeze impacts renters and property owners, we interviewed the offices of BSA Ahmad Bin Hezeem & Associates LLC. Landlords that properly forecast …
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Posted on 27/04/2021

Dubai crisis aftershocks are felt in developer’s third restructuring

Dubai property developer Limitless, one of the biggest casualties of the emirate’s financial crisis in 2009, may end up taking close to two decades to complete its debt restructuring under the …
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Posted on 26/04/2021

Property Prices in Prominent Communities in the Capital Show Marked Improvement

According to Bayut & dubizzle’s Abu Dhabi property market reports for Q1 2021, sales and rental prices in the capital city have shown promising gains in …
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Posted on 26/04/2021

Revealed: Most popular areas of Dubai for property hunters in March

Q1 of this year had 11,753 sales transactions – up 6 percent compared to the final quarter of 2020 – worth $6.85 billion …
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Posted on 26/04/2021

Market uptick as Dubai records sales transactions worth $2.97bn in March 2021

Figures represent a growth of 23% in terms of transaction numbers and a 47% increase in value compared to February 2021 …
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Posted on 25/04/2021

UAE developer to deliver 5,000 units in Dubai, Abu Dhabi

The UAE’s leading private property developer Reportage Properties is developing nearly a dozen projects and will deliver 5,000 units in Dubai and Abu Dhabi. The list of projects consist of eight …
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Posted on 25/04/2021

Dubai’s property market on a steady recovery path, Betterhomes report shows

Residential property transactions in the city by Europeans increased by 168 percent from Q1 2020 and secondary residential property market now accounts for 66 percent of transactions …
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